How much will tsla stock close at Friday September 13th 2024

The closing price of Tesla (TSLA) stock on Friday, September 13, 2024, is difficult to predict with certainty. Here's an analysis based on the available information:

1. **Recent Performance**: Tesla's stock has experienced a significant increase, with a 4.58% rise on September 10, 2024, closing at $226.17. This positive momentum could potentially continue.

2. **Market Sentiment**:
- Analysts have assigned a high price target of $295 per share, indicating a 32% upside from recent levels. This suggests a bullish outlook.
- However, there are also neutral and sell ratings from other analysts, with a consensus target price lower at $204.21.

3. **Fundamental Analysis**:
- Tesla's fundamentals, including cost control, capital allocation, and strong financial position, are strong.
- The company's energy generation and storage revenue have shown significant growth, which could contribute to future valuation increases.
4. **Technical Indicators**: The stock has a support level at $213.91 and a resistance level at $219.31. The resistance level may act as a barrier to further price increases.

5. **Market Conditions**: The broader market, as represented by the S&P 500, has shown mixed signals. While there is a high forward P/E ratio, indicating potential overvaluation, there is also a high probability of a Federal Reserve rate cut, which could support growth and markets.
6. **Economic Factors**: The economic outlook, including potential recession, could impact Tesla's stock. However, the company's secular growth prospects are often emphasized by analysts.

In conclusion, while there are signs of bullish sentiment and potential for growth, the stock's future performance is influenced by a range of factors. It is important to consider both the positive analyst targets and the broader market conditions when predicting future stock prices. As of now, the $295 target suggests a strong belief in Tesla's technology platform and future revenue streams, but this should be weighed against the potential risks and market dynamics.